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Saturday, June 13, 2020

India Forex Reserve Crosses $ 500 Billion

India's foreign reserves crossed the $500 billion mark on Friday for the first time after registering a massive surge of $8.22 billion in the week ended June 5 aided by higher foreign inflow


According to RBI's weekly statistical data, the overall forex reserves increased to $501.703 billion on June 5 from $493.480 billion reported for the week ended May 29.

India`s forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and India`s reserve position with the International Monetary Fund.FCAs, the largest component of the forex reserves, climbed by $8.422 billion to $463.630 billion. Although, the value of the country`s gold reserves decreased by $329 million to $32.352 billion.

The SDR value rose by $10 million to $1.442 billion. While, the country's reserve position with the IMF increased by $120 million to $4.278 billion.

The Principal Economic Advisor in the Ministry of Finance Sanjeev Sanyal in a tweet said, "India's Foreign Exchange Reserves hit USD501.7 billion. As I have been saying in recent weeks, demand suppression (such a lockdown) would push the INR to appreciate after an initial capital outflow."


He added, "Now, as we open the economy to remove demand suppression, and push up credit growth, we will both revive imports and foreign capital inflows. The point is that demand identities imply macro-dynamics that is quite different from what naive forecasters suggest." 

This amount of foreign exchange reserves is equivalent to a year's imports.

Source :Zeenews.india.com


Monday, September 13, 2010

Dabangg: Salman is back

Dabangg : Go Watch IT

Movie Review: Dabangg; Cast: Salman Khan, Introducing Sonakshi Sinha, Sonu Sood, Arbaaz Khan, Mahesh Manjrekar, Dimple Kapadia, Vinod Khanna; Directed by: Abhinav Kashyap; Rating: ** 1/2
So here it is. A new genre of cinema. The Spaghetti Eastern. The velocity is virulent. The violence is relentless. The narrative doesn’t pause for action. It is between bouts of the violence that characters take a breather to say things to one another that they don’t really mean.
This then is “Dabangg”. A world swarming with uni-dimensional characters who seem to know exactly which way the fists fly. We certainly don’t. The comic book hero Chulbul Pandey, played with lip smacking pleasure by Salman Khan, shows up in every dingy warehouse in this mofussil town to settle scores, man to man.
“Dabangg” is the kind of oldfashioned family drama combined with a vendetta saga that we thought had gone out of fashion in the 1980s. Chulbul Pandey could have been played by Amitabh Bachchan 30 years ago. Yes, that killing comic dimension that Salman brings into his characters has its roots in the Big B’s action-comedy films.
And Dimple Kapadia, wheezing, coughing, groaning and ranting her way through the mother’s role (what got into Dimple???) hams her way through this action drama where being opulently outrageous comes naturally to everyone.
But all said and damned, there is something to be said about Salman’s Chulbul Pandey’s ability to be cartoonish, caricatural and larger than life and yet warm and very real in his tongue-in-cheek bravura.
Some of the less over-punctuated moments in this film of ceaseless bone-crunching sound-effects occur each time Chulbul woos his bulbul Rajjo (debutant Sonakshi Sinha). Each time she passes by Salman becomes putty in her hands. The debutante has eyes that plead for peace. But who’s listening? The raucous riotous soundtrack is slave only to the rhythm of blood gore and screams of innumerable goons crashing through wooden supports that have seen better days.
The action sequences are the backbone of this bone-breaking actioner. The stunts are done in an enticing mix of masti and mayhem. The crusted dusty-brown unwashed ambience is created with care. But the plot is almost completely free of delicate moments.
“Dabangg” is Ram Gopal Varma’s “Shool” on steroids. In “Shool” Manoj Bajpai was the honest cop on a cleansing spree in a Bihari backwater town. In “Dabangg” Salman takes on the mofussil mafia with much more humour than Bajpai could muster.
It is the need of the hour. We have to laugh away the corruption and violence all around us. Salman does a splendid job of it. It’s hard to tell where debutant director Abhinav Kashyap’s abilities end and the action director Vijayan Master begin. That seamless quality goes well with this unpunctuated tribute to the spirit of free-for-all one-upmanship.
An ear-catching music score by Sajid-Wajid does diminish the level of violence in the presentation. Sonakshi Sinha uses her eyes beautifully. And the song “Tere mast mast do nayan” describes her eloquent expressions well.
But this is a Salman Khan vehicle all the way. He gets to be funny, wicked and belligerent… sometimes all at once. Sonu Sood as the main antagonist brings an in-your-face menace to his villainy.
He is in character. Though Salman slips out of character quite often.
And quite happily.

Courtesy : www.realbollywood.com

Saturday, July 10, 2010

Octopus Paul's prediction for world cup.: Waka for Spain or Holland


The psychic Octopus Paul predicted the match of Spain Vs Holland and Paul is a main hero in the FIFAWorld Cup 2010 after representing whetherGermany would success or lose each of their six games during the tournament. Now, Paul predicted the winner of Finals match Spain Vs Netherlands and they played at Soccer City Stadium in Johannesburg on Sunday.
The Octopus Paul has predicted that Spain will triumph in the World Cup final against the Dutch and will make the history in this World Cup as Spain never touches the Cup. The animal prediction, who has correctly predict the victor of each match played by Germany, has backed the side to triumph Sunday’s much predictable game in Johannesburg.
The psychic Paul currently resides at the Sea Life Aquarium in Oberhausen in Germany. Paul uses an odd way of picking the winner of the forthcoming match. He picks a mussel from any one of the two matching containers to propose the winning team.
The Holland twice lost soccer World Cup finals in the 1970s, while Spain will play its 1st on July 11 in Johannesburg. The eight-tentacle oracle drew cries of despair from assembled watchers earlier to the semifinals round; when he lingers over the box for the German flag before choose for the Spanish flag instead. Spain won the match 1-0.

Tuesday, June 1, 2010

IIFA Awards:Will Bollywood Givein To The Pressure Put By South Cinema Industry



The International Indian Film Academy (IIFA) awards will be held this year at the Sugathadasa Indoor Stadium in Colombo from July 2 to July 4. And the world is going to watch charismatic actors like Sharuk Khan, Amitabh Bachan, Aiswarya rai are going to perform in the stages of Colombo to cheer the nation and the world to say loud that this country is an innocent country.Three day Bollywood extravaganza known as one of the biggest and powerful event of its kind s going to be performed in a country known for all wrong reasons. There is more to concern for such an event to happen in the island nation where civilized society upholding human values is trying its best to earn a justice for the Tamil war crime victims and crimes against humanity. It is very important and critical for us to understand the idea behind conducting such an event in Colombo and why India went out of its way to favor its unfriendly partner, Sri lanka. India has a history to save an unethical racist regime for decades who in the past never been a trust worthy partner and an undemocratic unitary state.


Meanwhile back in India the South Cinema Industry has decided to Ban IIFA awards ,because the awards will be held in Colombo.The South Cinema Industry is protesting against the injustice done on Tamilians by Srilankan Government.


The Big question is will Bollywood givein to the pressure put by South Cinema Industry.

Thursday, May 27, 2010

Amabni Brother War Comes to an END:The real winners of the war are Shareholders


On 8 th May 2010 I had written on my blog an Article Mukesh Ambani Vs Anil Ambai:Who will win.We got the answer to that question.Anil Ambani and Mukesh Ambani have decided to put an end to the long standing dispute and scrap all existing non compete agreements executed in January 2006 besides expedisiously negotiate the gas supply agreement in accordance with the Supreme court Order on May 7 2010.The shareholders of RNRL and RIL have Emerged as real Winners. This was evident from the fact the the moment two Ambani brothers decided to end the dispute there was rise of 11 % on BSE in the shares of RIL whree as the RNRL shares moved up by 22% on BSE.Also other companies of Anil Ambani group showed rise in their price in stock market.

Finally Ambani brothers have  realised  that National Interest Comes first.

Wednesday, May 26, 2010

Spice S7000 Touchscreen Phone Launched

Spice Mobiles has launched its latest touchscreen phone, the S7000 in India - complete with an array of features that include a 3.2 inch WQVGA screen, a 3.2 megapixel camera and unlimited phone book entries.


The launch of this phone comes just a few months after the company 
launched its 12 megapixel camera phone in India, the S-1200.
As for the S7000, it comes with 19MB of internal memory which can be expanded up to 16GB with the help of a T-Flash memory card. The phone is capable of video recording at 15fps - although the resolution of the recording hasn't been specified.


Also, the camera doesn't have a flash. On the good side of things, the phone supports an array of video formats that includes RMVB, FLV, WMV, AVI, MP4, 3GP, MOV, DAT and RM. It supports 720P videos as well.


Other features include Zi predictive text, 1000 SMS memory, email facility, JAVA, incoming call guard, FM radio, Bluetooth v2.0. The phone can be used as a webcam as well.  The phone is also social networking ready and comes preinstalled with Yahoo, Wapedia, VuClip, Facebook, Nimbuzz, Reuters, Ibibo, OperaMini and Snaptu applications.





It has an 880 mAh battery that provides up to 220 hrs standby and up to 3.5 hrs talk time. As of now, the phone is available only in white color. As for the price, this will set you back by Rs. 7,499.


Spice has also announced that it is partnering with Disney for mobile content for this handset.  This means that the S7000 will come loaded with Disney content as well. As of now, the phone will come with exclusive content of Price of Persia- Sands of Time, the latest Disney movie. The content includes themes, wallpapers and ringtones.

Courtesy :www.Techtree.com

Monday, May 24, 2010

Do you want to be successful in your Enterprise?Check for the ten important ingredients .

1.Creativity

2.Education

3.Risk taking ability

4.Self confidence

5.Persistance

6.Hard work and work experience

7.Commitment

8.Innovativeness

9.Persuation

10.Ability to cope with stress